The June 2018 sales report is in, southern Utah Realtors sold 309 homes/condos.

MLS statistics from the Washington County Board of Realtors (WCBR) indicate June 2018 was another strong month for home sales in southern Utah. Categorized as either a single-family residential unit or a condominium/townhome, 180 of last month’s 309 closed escrow’s occurred less than 30 days.

St. George Utah – Between June 1 and June 30, 2018, Realtors with the Washington County Board successfully closed escrow on just over $113 million in real estate transactions.

Not accounting for the sale of vacant lots and land, commercial property, manufactured housing and fractional ownership, June’s MLS statistics provided by the WCBR Flex system, indicates the top sale in the last 30 days occurred in the subdivision of Westgate Hills for $2.95 million. On the MLS for a total of 130 days, the home was originally listed for sale on January 14, 2018 by Engel and Volkers St. George

Per the June 2018 WCBR sales statistics, the Average price of a home sold in southern Utah over the past 30 days was $366,517. Also, since June 1, the median list price for a home in southern Utah has been roughly $323,900, with those medium priced homes typically selling for approximately $319,900 – or $156 per square foot.

Southern Utah’s home buyers were quick to act during the month of June. More than half, 58.25 percent, of the single-family residential or condominium/townhome closing escrow in Washington County occurred within 30 days of being placed on the MLS.

Real estate listings that sold within the first 30 days received an average Sales Price to Original List Price ratio of 98.92 percent.

June 2018: Top Five Sold Real Estate Listings

List Price: $3,600,000 – Sold Price: $2,950,000 – Days on Market:130

List Price: $2,100,000 – Sold Price: $1,950,000 – Days on Market:123

List Price: $1,399,000 – Sold Price: $1,360,000 – Days on Market: 33

List Price $1,014,000 – Sold Price: $1,014,000 – Days on Market:209

List Price: $999,000 – Sold Price: $920,000 – Days on Market: 209

June 2018: Days on Market

180 southern Utah real estate listings sold in less than 30 days

56 southern Utah real estate listings sold in less than 60 days

33 southern Utah real estate listings sold in less than 90 days

14 southern Utah real estate listings sold in less than 120 days

26 southern Utah real estate listings sold in less than 121+ days

June Real Estate Activity for Washington County

On a year-over-year comparative basis, so far in 2018, active Realtors with southern Utah’s board have sold 2,617 total real estate listings. A 5.4 percent increase from 2017’s 2,483 closed escrows, June sales include 4 listings valued in excess of $1 million. So far in 2018, 29 homes valued between $1 million and $1,999,999 have successfully closed escrow.

June Real Estate Prices

June real estate statistics for St. George indicates the Active Average List Price in Washington County has continued to increase steadily since the beginning of the year to $505,256, representing 4.86 percent increase from June 2017. Meanwhile, over the past 12 months, the Average Sales Price for a home in the greater St. George area has increased to $334,603, which represents a 16.71 percent on a year-over-year basis.

The WCBR Market Summary for June 2018 indicates our absorption rate is just over 3.1 months. In other words, if no new listings were taken and placed on the Washington County Board of Realtors MLS system – our inventory would be depleted within approximately 3 months.

St. George Utah, June 2018, real estate absorption rate

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com: Your southern Utah real estate expert for St. George and its surrounding communities. Specializing in southern Utah luxury real estate, new construction, gated communities and southern Utah’s many golf communities.

St. George, Utah – Several homes closed escrow in the subdivisions of Sun River St. George and Sun Country Meadows for the week of June 24, 2018. Selling for just under $19 Million, Washington County’s 54 sales had an ‘Average’ sales price of $349,763 – or $166 per square foot.

And whilesouthern Utah’s real estate inventory remains relatively anemic, the National Association of Realtors is reporting the 30-year mortgage rate fell to 4.57 percent as of last Monday.

St. George Real Estate Statistics: Week of June 24

Per the WCBR (Washington County Border Realtors ) and it’s FlexMLS system, the ‘Median’ price of a home sold in Washington County over the past seven days was roughly $303,397 – or $161 per Square Foot.

Southern Utah Real Estate Statistics For The Week of June 24, 2018

Of last week’s 54 sold real estate listings, 32 spent less than 30 days on the WCBR MLS (multiple listing service). Meanwhile, another 10 homes took less than 60 days to officially close escrows (COE). And taking what seems like a lifetime in this market to officially sell, 5 listings sold within 90 days; 3 took between 90 and 120 to COE, and another 4 listings spent more 121 days on the MLS.

Top Five Sold St. George Real Estate Listings

List Price: 709,000 – Sold Price: $710,000 – Days on Market: 18

List Price: $699,900 – Sold Price: $684,900 – Days on Market: 84

List Price: $669,000 – Sold Price: $650,000 – Days on Market: 90

List Price: $636,021 – Sold Price: $636,022 – Days on Market: 01

List Price: $574,400 – Sold Price: $566,000 – Days on Market: 45

As of last Monday, the top five real estate sales in Washington County occurred in the following subdivisions: Villa Bonita, The Arbors, Kachina Springs at Entrada, Escalera, Silverstone at Green Springs

Top-Five Southern Utah Real Estate Sales for the Week of June 24, 2018

St. George, Utah – Several homes closed escrow in the subdivisions of Sun River St. George, Villas at Sienna Hills, and Sunset Plateau during the week of June 4, 2018. Sold for $20,844,740, Washington County’s 57 sales had an ‘Average’ sales price of $365,697 – or $165 per square foot.

Southern Utah’s real estate values have been increasing steadily for several years – with appreciation being rather dramatic over the past two years. But with the average rate on the 30-year fixed mortgage nearly a full percentage point higher today than it was in September 2017, the greatest appreciation has been witnessed at the low-end of the market.

Click to view full list: From Shadow Bluff to Sun River, southern Utah Realtors sell 57 homes over the past seven days

St. George Real Estate Statistics: Week of June 4

Per the WCBR (Washington County Border Realtors ) and it’s FlexMLS system, the ‘Median’ price of a home sold in Washington County over the past seven days was roughly $329,000.

Southern Utah real estate statistics: week of June 4, 2018

Of last week’s 57 sold real estate listings, 35 spent less than 30 days on the WCBR MLS (multiple listing service). Meanwhile, another 7 homes took less than 60 days to officially close escrows (COE). And taking what seems like a lifetime in this market to officially sell, 7 listings sold within 90 days; 1 took between 90 and 120 to COE, and another 7 listings spent more 121 days on the MLS.

Top Five Sold St. George Real Estate Listings

List Price: $810,000 – Sold Price: $810,000 – Days on Market: 15

List Price: $675,000 – Sold Price: $680,000 – Days on Market: 40

List Price: $649,900 – Sold Price: $649,900 – Days on Market: 243

List Price: $645,000 – Sold Price: $610,000 – Days on Market: 81

List Price: $554,090 – Sold Price: $606,052 – Days on Market: 06

the top real estate sale for Washington County during the week of June 4, 2018 sold for $810,000

As of last Monday, the top five real estate sales in Washington County occurred in the following subdivisions: Shadow Bluff, Silverstone at Green Springs, the Cove at Little Valley, Sun River at St. George, and Desert Plateau.

Sales statistics from the Washington County Board of Realtors indicate May 2018 was another strong month for home sales in southern Utah.

Classified as either a townhome / condominium or a single-family residential home, 214 of last month’s 372 closed escrow’s occurred less than 30 days.

St. George Utah – Between May 1 and May 31, 2018, Realtors with the Washington County Board successfully closed escrow on just over $135 million in real estate transactions.

With no attention paid to vacant lots and land, commercial, manufactured housing and fractional ownership transactions, May’s statistics provided by Flex MLS indicates the top sale in the last 30 days occurred in Entrada for $2.95 million. Sold by Ellen Plante-Klein of Engel and Volkers St. George, and originally listed for $3.1 Million, that home closed escrow in 23 days.

Sales Statistics May 2018 St. George Real Estate

Per the May sales report, the Average sold price of a home in southern Utah was $364,087. A perpetual issue of negotiations, listings selling within the “Average” price range were originally listed on the Flex MLS system for roughly $365,752. Since May 1, the median list price for a home in southern Utah has been approximately $299,950, with those medium priced homes typically selling for approximately $305,613.

Sales Statistics for May 2018: Washington County Utah

Statistically speaking, southern Utah home buyers were quick to act during the month of May. More than half, 57.53 percent, of Southern Utah’s single-family residential (or condominium/townhome) sales occurred within 30 days of being placed on the multiple listing service. Those homes that sold within the first 30 days received an average Sales Price to Original List Price ratio of 99.10 percent.

May 2018 Top Five Sold Real Estate Listings

May 2018 Top Five Sold Real Estate Listings

List Price: $3,100,000 – Sold Price: $2,950,000 – Days on Market: 23

List Price: $2,475,000 – Sold Price: $2,362,500 – Days on Market: 06

List Price: $1,895,000 – Sold Price: $1,810,000 – Days on Market: 48

List Price $1,449,000 – Sold Price: $1,350,000 – Days on Market: 337

List Price: $1,275,000 – Sold Price: $1,100,000 – Days on Market: 71

St. George, Utah, real estate Days on Market Statistics

May 2018 Days on Market

214 southern Utah real estate listings sold in less than 30 days

67 southern Utah real estate listings sold in less than 60 days

32 southern Utah real estate listings sold in less than 90 days

21 southern Utah real estate listings sold in less than 120 days

38 southern Utah real estate listings sold in less than 121+ days

May Real Estate Activity for Washington County

On a year-over-year comparative basis, so far in 2018, Southern Utah’s active Realtors have sold 2,135 total real estate listings. A 5.3 percent increase from 2017’s 2,027 closed escrows, these sales included 7 listings valued in excess of $1 million. So far in 2018, 26 homes valued between $1 million and $1,999,999 have successfully closed escrow.

May Real Estate Prices

May statistics provided by the WCBR’s FlexMLS system indicates the Active Average list price in southern Utah has continued to increase steadily since the beginning of the year to $520,265, representing 6.85 percent increase from March 2017. Also up over the past 12 months, the Average Sales Price for a home in Washington County has witnessed a 6.85 percent on a year-over-year basis.

The WCBR Market Summary for May 2018 indicates our absorption rate is just over 3.1 months. In other words, if no new listings were taken and placed on the Washington County Board of Realtors MLS system – our inventory would be depleted within approximately 3 months.

May 2018, Real Estate Absorption Rate and Inventory

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com: Your southern Utah real estate expert for St. George and its surrounding communities. Specializing in southern Utah luxury real estate, new construction, gated communities and southern Utah’s many golf communities.

A Washington Fields equestrian estate that closed escrow last Monday was the top real estate transaction in southern Utah for the week of May 21, 2018.

On the Multiple Listing Service for just 67 “Cumulative Days on Market,” the southernUtah equestrian estate was originally listed for $2,475,000 on February 16, 2018, and closed escrow on May 21, 2018, for $2,362,500.

Per the Washington County Board of Realtors (WCBR) Flex MLS statistics, a majority of last week’s successful real estate transactions closed escrow in less than a month: 32 properties sold in less than 30 days; 17 listings spent less than 60 days on the MLS; 7 properties took between 61 and 90 to close escrow, and 8 of last week’s sold real estate listings were on the MLS for more than 91 days.

Top 33 sold Washington County real estate listings

Between May 21 – May 26, 2018, the Average List Price of a home sold in southern Utah was $368,966, while the Average Sold Price was $360,978.

34-64 of last week’s closed escrows: Week of May 21, 2018

Per the WCBR’s FlexMLS statistics, the Median List Price for a home sold in southern Utah last week was originally listed for $277,450 and sold for $275,000 – or approximately $166 per square foot.

Top Five Sold St. George Real Estate Listings

List Price: $2,475,000 – Sold Price: $2,362,500 – Days on Market: 67

List Price: $1,449,000 – Sold Price: $1,350,000 – Days on Market: 337

List Price: $879,000 – Sold Price: $859,000 – Days on Market: 16

List Price: $640,848 – Sold Price: $640,848 – Days on Market: 01

List Price: $596,000 – Sold Price: $590,000 – Days on Market: 18

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.

Homes in Kayenta, Shonto Point and Entrada were among the top listings sold during the week of May 14, 2018.

Valued at roughly $26.9 million, of last week 72 closed escrows – two of the highest priced sales occurred in Ivins, Utah.

Washington County, Utah – As I mentioned last week, prospective real estate investors in the St. George market might typically notice a seasonal nature to home sales. Ordinarily, the quest to find the perfect home starts during the St. George Parade of Homes in mid-February and dissipates by Father’s Day (June 17). But that’s under normal conditions – and these conditions are far from normal.

Thanks to a depleted MLS real estate inventory and threats of increased interest rates, last week’s 72 sales demonstrates our real estate market remains strong (if not overheated) as we prepare for the lazy days of summer.

Southern Utah real estate sales – a week in review

The Washington County Board of Realtors (WCBR) Flex MLS statistics indicate a majority of last week’s successful real estate transactions closed escrow in less than a month: 42 properties sold in less than 30 days; 14 listings spent less than 60 days on the MLS; 4 took between 90 and 120 to close escrow. Leaving 8 of last week’s sold listings on the MLS for more than 121 days.

Week of May 14, 2018, sold southern Utah real estate statistics

Between May 14 – May 19, 2018, the Average List Price of a home sold in southern Utah was $382,356, while the Average Sold Price was $374,024. Per the WCBR’s FlexMLS statistics, the Median List Price for a home sold in southern Utah last week was $329,712, and sold for an average price of $324,210.

Two real estate transactions in Ivins, Utah dominated last week’s sales. One home in the Kayenta subdivision was listed for $1,895,000 and sold for $1,810,000 in just under 48 days while another home in Shonto Point was listed for $1,180,000 and sold for $1,130,000 in just 51 days.

Kayenta, Shonto, Entrada: Realtors Sold 72 Homes Week of May 14

Click to view all 72 real estate transactions for southern Utah for the week of May 14, 2018

Top Five Sold St. George Real Estate Listings

List Price: $1,895,000 – Sold Price: $1,810,000 – Days on Market: 48

List Price: $1,180,000 – Sold Price: $1,130,000 – Days on Market: 51

List Price: $998,000 – Sold Price $925,000 – Days on Market: 235

List Price: $969,000 – Sold Price: $906,000 – Days on Market: 54

List Price: $739,000 – Sold Price: $715,000 – Days on Market: 126

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.

Fieldstone, Sycamore, and Cliffrose, Realtors in the greater St. George, Utah, area sold 52 homes during the second week of May.

Valued at more than $17 million, the majority of last week’s single-family residential/ townhome condominium sales closed escrow in less than 30 days.

St. George, Utah – Potential homebuyers in southern Utah might typically notice a seasonal nature to home sales in Washington County. Traditionally, the quest to find the perfect home starts in early spring and tapers off by late June. But with a diminished inventory and threats of increased interest rates, last week’s 52 southern Utah real estate sales demonstrates our real estate market remains strong as we head into the beginning of summer.

Fieldstone, Sycamore, and Cliffrose: 52 MLS Listings Sold Week of May 11

Per the Washington County Board of Realtors (WCBR) Flex MLS statistics, last week’s sold single-family residential and/or condominium/townhomes listings, indicate that 39 properties sold in less than 30 days; 7 listings spent less than 60 days on the MLS; 2 took between 90 and 120 to close escrow. Leaving 4 southern Utah real estate listings on the MLS for more than 121 days before finding the right buyer.

Fieldstone, Sycamore, and Cliffrose: Click to view all 52 real estate listings sold during the week of May 11

Sold Southern Utah Real Estate Statistics Week of May 11

Between May 7 – May 14, 2018, the Average List Price of a home sold in southern Utah was $350,605, while the Average Sold Price was $340,770. Meanwhile, the Flex MLS statistics indicate the Median List Price for a home sold in southern Utah last week was the same as it’s “Sold Price” – $310,000. And southern Utah’s most competitive housing sector, those homes with a statistical Low List Price, sold for $5,000 over their list price – for roughly $181,500.

Sold Southern Utah Real Estate Statistics Week of May 11

Top Five Sold St. George Real Estate Listings

The top real estate sale for Washington County occurred in The Ledges of St. George during the week of May 11th. Located in what are considered the greater St. George city limits, the home was originally listed for $1,490,000 and spent a total of 227 days on the MLS before closing escrow for $1,130,000.

List Price: $1,490,000 – Sold Price: $1,130,000 – Days on Market: 227

List Price: $619,900 – Sold Price: $619,000 – Days on Market: 19

List Price: $613,772 – Sold Price $613,991 – Days on Market: 166

List Price: $599,000 – Sold Price: $595,000 – Days on Market: 35

List Price: $559,900 – Sold Price: $544,000 – Days on Market: 04

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.

Real estate listings in Tuweap Shonto, Anasazi Ridge, and The Ledges of St. George were among the 36 homes sold last week by Realtors in Washington County.

St. George, Utah – According to statistics provided by the Washington County Board of Realtors’ FlexMLS system, last week’s 36 closed escrow’s had a total value more than $12 million.

Of last week’s sold single-family residential listings and/or condominium/townhomes, Flex statistics indicate that 17 properties spent less than 30 days on the MLS; 7 properties spent less than 60 days on the MLS; another 7 listings took less than 90 days, and 2 took between 90 and 120 to close escrow. Leaving 3 southern Utah real estate listings on the MLS for more than 121 days.

Tuweap, Anasazi, and The Ledges: St. George Realtors Sell 36 Homes First Week of May

Click to view sold listings in Tuweap, Anasazi, and The Ledges

Between April 30 – May 6, 2018, the Average List Price of a home sold in southern Utah was $346,808 while the Average Sold Price was $343,605. Meanwhile, the FlexMLS statistics indicate the Median List Price for a home sold in southern Utah last week was $288,000 and the Sold Price was $298,000. A competitive sector of Southern Utah’s real estate market, those homes sold within the medium price range over the past seven days had multiple offers and sold for roughly $10,000 over asking price.

Southern Utah’s MLS inventory currently has 619 single-family residential listings, classified as either a condominium/townhome or a single-family home, these MLS listings range from low $149,900 to $4,999,000.

The top real estate sale for Washington County occurred in theGreen Springs subdivision during the week of May 6th. Located in Washington City, the home was originally listed for $1,275,000 and spent a total of 71 days on the MLS before closing escrow for $1,150,000.

Last week’s 36 closed escrow’s had a total value more than $12 million.

Top Five Sold St. George Real Estate Listings

List Price: $1,275,000 – Sold Price: $1,150,000 – Days on Market: 71

List Price: $993,900 – Sold Price: $973,125 – Days on Market: 18

List Price: $680,000 – Sold Price $650,000 – Days on Market 317

List Price: $640,000 – Sold Price: $629,000 – Days on Market: 78

List Price: $549,000 – Sold Price: $555,000 – Days on Market: 68

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.

Southern Utah real estate listings sold in Kayenta and Entrada topped the list of last week’s 42 closed escrows. Officially “sold” once escrow is closed, last week’s 42 real estate sales totaled more than $15 million.

St. George Utah – By drilling down on the Flex MLS (multiple listing system) provided data, we see that 21 real estate listings spent less than 30 days on the MLS. And taking considerably longer, 7 listings closed escrow in less than 60 days, 8 took less than 90 days, and 1 took between 90 and 120 to close escrow. Leaving 5 Washington County real estate listings on the MLS for more than 121 days.

Washington County Sold Statistics

Between April 22-29, the Average List Price of a home sold in southern Utah was $369,861 while the Average Sold Price was $366,548. Meanwhile, the MLS statistics indicate the Median List Price for a home sold in southern Utah last week was $299,750 and the Sold Price was $305,997. A sweet spot of the southern Utah real estate market, those homebuyers competing for inventory within the Median price range could find themselves in a competitive situation.

Sold Washington County Real Estate Statistics Week of April 22-29

The MLS real estate inventory for Washington County currently has 474 single-family residential listings classified as either a condominium/townhome or a single-family home. Constituting approximately 3.8 months of real estate inventory, these condo/townhome and freestanding homes range from $112,000 to $3.5 million.

Representing less than four months worth of real estate inventory, these condo/townhome and freestanding properties range from $112,000 to $3.5 million.

Southern Utah’s top real estate sale occurred in the Kayenta subdivision during the week of April 21. Located in the city of Ivins, the home was originally listed for $889,000 and spent a total of three days on the MLS. While real estate sales typically slow as we head into the summer months, the last full week of April indicates this might be hyperactive summer for sales.

Click to View All 42 Sold St. George Real Estate Listings

Top Five Sold St. George Real Estate Listings

List Price: $889,000 – Sold Price: $889,000 – Days on Market: 03

List Price: $889,400 – Sold Price: $880,000 – Days on Market: 08

List Price: $849,500 – Sold Price: $830,000 – Days on Market 22

List Price: $889,900 – Sold Price: $825,000 – Days on Market: 09

List Price: $757,000 – Sold Price: $720,900 – Days on Market: 53

Click to view

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.

From Northbridge Estates to the Cliffs of Snow Canyon, 63 single-family residential real estate listings closed escrow in Washington County between April 15 – 21.

St. George, Utah – Last week’s 63 sold Washington County real estate listings totaled more than $21 million. Of those 63 sold listings, 41 spent less than 30 days on the MLS, 9 closed escrow in less than 60 days, 3 took 90 days, and another 4 took between 90 and 120 to close escrow. Leaving 6 listings that spent more 121 days on the WCBR MLS.

Sold Real Estate Statistics: Week of April 21

Last week’s ‘Average List Price’ of a home sold in southern Utah was $351,231 while the ‘Average Sold Price’ was $346,319. Meanwhile, back on the MLS, we see the Median List Price for a home in southern Utah last week was $318,000 and the Sold Price was $315,000 – with a Median Sold Price Per Square Foot of $160.

Southern Utah sold real estate statistics: week of April 21, 2018

In the greater St. George area there are currently 724 St. George Utah MLS Real Estate listings currently active on the multiple listing service. Representing less than four months worth of real estate inventory, these condo/townhome and freestanding properties range from $112,000 to $3.5 million.

Washington County’s top real estate sale occurred in the Northbridge Estates subdivision in Washington City during the week of April 21.

Northbridge Estates to Cliffs of Snow Canyon : 63 St. George Listings Sold Week of April 21

Listed for $1.4 million, the Northbridge Estate home sold after 31 Days on Market for $1.275 million. And per the WCBR’s FlexMLS System, last week’s real estate sales in Washington County had a total value of $21,818,155

Northbridge Estates to Cliffs of Snow Canyon, Click to view full list of close escrows for the week of April 21, 2018

Top Five Sold St. George Real Estate Listings

List Price: $1,400,000 – Sold Price: $1,275,000 – Days on Market: 31

List Price: $875,000 – Sold Price: $847,000 – Days on Market: .29

List Price: $849,000 – Sold Price: $840,000 – Days on Market .67

List Price: $760,000 – Sold Price: $725,000 – Days on Market: 158

List Price: $624,000 – Sold Price: $615,000 – Days on Market: 38

The above information is presented as a courtesy of Alex Yeager @ 435MLS.com. Your Southern Utah real estate expert for St. George, Utah and its surrounding communities.